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$15M total
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
89%
Lot Size
3.977 ac
Clear height
28 ft
Loading docks
3
32,394 SF industrial facility, in exceptional condition, on 4 acres in a highly desirable location with convenient access to Highway 400. Secured yard with municipally maintained exterior lighting and significant parking for staff, customers, trucks/trailers, shipping and receiving. 2 - 50' x 60' covered storage sheds totaling 3,000 SF each, with concrete floors and 14'W x 13'7"H drive-in doors. This dealership-quality, turnkey property features 17'-4" clear height throughout the warehouse. Building features:- New modern finishes inside and out- Painted throughout the warehouse including walls and ceilings- Fleck epoxy or polished concrete floors- New black aluminum doors and windows with blinds- 2 air compressors with hookups throughout the entire facility- New LED high efficiency and emergency lighting- Updated wiring and new CAT5e internet cabling throughout with free high speed TERAGO service- 2 electrical services- Fully sprinklered warehouse bays with double door interior access between bays for forklift traffic- Office areas heated and cooled by 3 updated roof-top units- Warehouses heated by updated Reznor unit or radiant tube heaters- 2,950 SF 2nd floor office/staff areas- 3 kitchens, 7 washrooms with updated fixtures, staff locker rooms with showers, client lounge area, several private & open office areas- 28 interior and 11 exterior high resolution security cameras IBP zoning permits a wide range of uses, including transportation, automotive sales and service, vehicle dealerships, manufacturing, equipment sales, equipment rental, servicing, and other industrial operations. Vendor financing available (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$69K
Projected NOI
$814K
Annual cash flow
$-17K
Cash-on-cash
-0.38%
DSCR
0.98
Going-in cap
5.43%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
69,432
Households
27,789
Median income
$65,500
Median age
40.1
Daytime population
85,165
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2337 BOWMAN STREET, Innisfil.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.